Wednesday June 3, 2020

Leeson criticises FAI over plan to curb player salaries

Nick Leeson, the former rogue trader and chief executive of Galway United football club, has criticised plans by the Football Association of Ireland (FAI) to limit the amount of money that clubs can spend on player salaries, saying they do not go far

13th October, 2007

Nick Leeson, the former rogue trader and chief executive of Galway United football club, has criticised plans by the Football Association of Ireland (FAI) to limit the amount of money that clubs can spend on player salaries, saying they do not go far enough.

The FAI has said that, from next season, the total salary bill for players should not exceed 65 per cent of a club’s total revenue. But Leeson, the former Barings Bank...

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